Which of the following is NOT a characteristic of a financial crisis caused by macroeconomic imbalances?

A) Crises can be unpredictable.
B) Crises can be predictable.
C) Crises can by expansionary fiscal policies accompanied by high budget deficits.
D) Crises can be caused by budget surpluses.


D

Economics

You might also like to view...

Which of the following sources of productivity is the most difficult to acquire?

A) education B) experience C) talent D) training

Economics

Which of the following is true?

a. To reduce cannibalization among products, reposition a product so that it does not directly compete with the other b. After acquiring a substitute product, lower prices on both the products c. After acquiring a complementary product, raise prices on both the products d. All of the above

Economics

Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________, 

A. Rising; B; C B. Falling; A; C C. Falling; A; B D. Rising; A; C

Economics

If a CEO can type faster than her secretary, then

A. the CEO should still continue performing CEO duties as well as typing since he has a comparative advantage in both management, and typing. B. the CEO has neither a comparative advantage in typing, nor in management. C. the CEO has a comparative advantage in typing. D. the CEO should still continue performing CEO duties since the CEO has a comparative advantage in management, and the secretary should continue typing.

Economics